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IBC - Highlights / Catch Notes

Home Highlights August 2019 Year 2019 This

Contempt petition the company and it’s officers/directors - The ...

Insolvency and Bankruptcy

August 12, 2019

Contempt petition the company and it’s officers/directors - The respondents are prevented by operation of law from jumping the queue and paying the balance amount to the petitioner in satisfaction of the compromise decree. - In the absence of any willful disobedience by the respondents, this Court cannot grant the relief sought for by the petitioner

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